If my family owns a total of 70 acres and it is divided into (7) 10 acre parcels per each heir and I decide to lease spring water within my 10 acre parcel to a major bottling company would they be entitled to royalties? Mind you we all have separate deeds to each parcel but the spring is on my ten acre parcel not theirs.
In TEXAS ... the water belongs to you, but is subject to the Rule of Capture whenever someone legally drains it from your property ... as per Judon Fambrough of the A&M Real Estate Center.
Good luck,
Pat
Thank you, I am in the process of redeveloping my land and putting it to use for the first time in over 60 years.